Is Pacific Premier Bancorp Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 3 Wall Street analysts covering (NASDAQ: PPBI) stock is to Strong Buy PPBI stock.
Out of 3 analysts, 2 (66.67%) are recommending PPBI as a Strong Buy, 0 (0%) are recommending PPBI as a Buy, 1 (33.33%) are recommending PPBI as a Hold, 0 (0%) are recommending PPBI as a Sell, and 0 (0%) are recommending PPBI as a Strong Sell.
What is PPBI's forecast return on equity (ROE) for 2023-2023?
(NASDAQ: PPBI) forecast ROE is 10.79%, which is considered weak.
What is PPBI's Price Target?
According to 3 Wall Street analysts that have issued a 1 year PPBI price target, the average PPBI price target is $29.33, with the highest PPBI stock price forecast at $34.00 and the lowest PPBI stock price forecast at $26.00.
On average, Wall Street analysts predict that Pacific Premier Bancorp's share price could reach $29.33 by May 1, 2024. The average Pacific Premier Bancorp stock price prediction forecasts a potential upside of 48.52% from the current PPBI share price of $19.75.
What is PPBI's forecast return on assets (ROA) for 2023-2023?
(NASDAQ: PPBI) forecast ROA is 1.43%, which is lower than the forecast US Banks - Regional industry average of 12.42%.
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